When most investors now think of electric vehicle (EV) stocks, auto giant Tesla’s (TSLA) name might pop up. However, the Chinese EV company BYD (BYDDY) is swiftly rewriting the script with its impressive performance. Its vehicles do not yet cruise American roads, but globally, BYD is setting the pace. 

BYD’s April sales performance stood out as a major highlight, with its sales as of April 2025 rising by about 47%. With bullish analysts expecting further stock upside despite recent surges, this stealthy powerhouse might just be the EV world’s best-kept secret. As the spotlight slowly shifts, investors may want to keep a sharp eye on BYDDY stock. Plus, investing legend Warren Buffett is famous for snatching up shares of the EV maker within Berkshire Hathaway’s (BRK.B) portfolio. That should really sweeten the deal. 

About BYD Stock

Shenzhen-based BYD (BYDDY) is a dominant force in the EV industry, revolutionizing affordability. With a market cap of $146 billion, the company’s vertically integrated approach - manufacturing its own batteries and motors - gives BYD a distinct advantage, slashing costs and keeping it ahead of competitors. 

BYD is expanding globally with new factories in Brazil, Thailand, Hungary, and Turkey. The company is customizing products for regional markets, like the Sealion 7 SUV for Europe. With an eye on future growth, BYD continues to innovate and ramp up production, cementing its position as a key player in the global EV market.

BYD’s stock has proven resilient despite recent setbacks. While it is down 8.6% from the YTD high of $109.20, BYDDY stock has surged 75% over the past 52 weeks. In the last three months alone, it is up nearly 18%, reflecting strong growth and investor confidence amid a tough market.

For investors hunting value with a growth twist, BYDDY might just be the sweet spot. Trading at 19.35 times forward earnings and 1.38 times sales, the stock sits above industry averages but well below its own five-year averages. It is like catching a premium EV player on sale, priced for potential.

BYD’s Impressive Q1 Earnings Result

BYD is riding high on a wave of impressive numbers, setting the stage for a strong future. It unveiled its Q1 earnings on April 25, generating operating revenues of 170.4 billion yuan, up 37% year over year and smashing Wall Street’s expectations. The surge was driven by its rapidly growing sales of new energy vehicles (NEVs).  Its net income soared, doubling to 9.2 billion yuan.

April 2025 was BYD’s best sales month yet, putting the company on track to hit its ambitious 5.5 million delivery target. BYD reported 380,089 NEVs sold, a 21% year-over-year increase. Passenger cars sold accounted for 372,615 of the total. 

Its EV segment is especially thriving, as sales of pure EVs surged 46% to 195,740 units, surpassing its plug-in hybrid sales of 176,875 for the first time since early 2024.

The road ahead looks even brighter, as BYD prepares to launch new models with advanced smart-driving features and lightning-fast charging technology.

Analysts monitoring the EV giant are also optimistic about BYD’s future performance, predicting its 2025 EPS to grow 34.3% annually to $5.17, and looking further ahead, it is expected to see a surge of 19.5% to $6.18 in 2026.

What Do Analysts Expect for BYD Stock?

The EV giant’s rise is catching serious attention. BYDDY is now earning loud praise on Wall Street, as the stock has a consensus rating of “Strong Buy” overall from all six analysts tracking the stock. 

BYDDY’s mean price target of $123 represents potential upside of 24% from current levels, flashing green for serious growth ahead.